Virtual Chief Financial Officer (vCFO)

The primary role of a CFO in any organization is to oversee the financial planning, maintain and report on the financial activities, and manage financial risk of the business. Services offered by a virtual CFO often follow the financial pyramid of needs. In the basic level, a virtual CFO is expected to be the bookkeeper of the organisation receiving the vCFO services and has to take responsibility for the accuracy of the account books and interpret the financial information from the accounting data for the various stakeholders. vCFO takes the responsibility for executing or overseeing the reporting process. On the more strategic side, vCFO is the financial and strategic partner for the CEO. vCFO is also responsible for suggesting measures to control expenditure and acquire capital at low cost.

An illustrative list of services offered by Shwet Patra vCFO

Insightful & consistent Management Information Systems (MIS) dashboards for internal and external reporting purposes.
Cashflow management for smooth and uninterrupted operations.
Financial reporting and analysis support to the management.
Profit & Loss improvement by analysing various drivers for the growth of revenue and profitability.
Reliable and timely reporting of business performance to maintain investor relationship.
Formulation and implementation of robust finance & accounting policies and procedures to improve the internal controls of the organization.
Customizing various controls based on the size and stage of the organization within a framework that drives for performance excellence.
Guiding and advising on all the statutory and regulatory compliances which is a “must to have” requirement for any type of business, regardless of its size or nature.
Implementation of Enterprise Resource Planning system which helps organization to grow at faster pace.
Periodic review meetings with senior management to discuss the progress and drive action plans.

Shwet Patra LLP (Shwet Patra) is a multi-disciplinary firm which provides tax, regulatory, assurance, corporate secretarial, recruitment, valuation and other business services. Formed by qualified professionals who are equipped with multi-faceted experience, Shwet Patra is dedicated to serve its clients with quality and focused services through its team onboard and affiliated concerns comprising of Chartered Accountants, Company Secretaries, Lawyers, Management Consultants, IT and other competent professionals.

Virtual Chief Financial Officer (vCFO)

Virtual Chief Financial Officer (vCFO)

Our Service Offerings

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